Government plans to sell two large chunks of AIG in stock offerings next year
The US Treasury is planning two large stock offerings of AIG next year, finihing the sale by 2012, according to Reuters sources.
The Govenrment will own 92% of the firm within the next three months.
The Treasury's stake is worth about $90 billion at the current share price.
AIG received an $182.3bn bailout package during the financial crisis in September 2008.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
